Different Types of Insurance in Kenya

When it comes to buying insurance for your car, the most important thing that you should consider is the fact that you need to get a cover that covers the different types of insurance that you may need to cover in case you become a victim of theft or robbery. This is especially true if you are travelling in an area where there are a high number of tourists as there is a higher chance of your car being stolen or if it gets broken into. Even if you have the best security system installed in your car, the odds are quite high that thieves would be able to break into your car and steal it.

So, what are the different types of coverage that you can get in terms of an insurance company in Kenya? The two basic types of coverage that you can get is general liability coverage and comprehensive coverage. General liability covers any claims that you incur from accidents or damage to your car but it doesn't cover the costs of replacing your car. Comprehensive insurance covers the costs of your car being stolen or damaged by fire. However, it does not cover the cost of replacing your car if it is destroyed in a flood or other natural disaster.

There are many more types of insurance that you could get in the form of an auto insurance policy in Kenya so make sure that you get the right cover for yourself. If you do not, then you will be very well and truly covered for whatever happens as long as you get a good amount of insurance cover.

Comments

Post a Comment

Popular posts from this blog

Benefits of Insurance in Kenya

In light of the current economic crisis that is currently taking place in Kenya the benefits of insurance can seem highly attractive. However, it is important to understand just how life insurance benefits one of the country's citizens. One major benefit is that an individual who chooses to carry life insurance can have some form of financial protection during old age. Most  insurance companies in Kenya  offer a variety of options for the elderly including retirement and funeral plans. Another benefit of insurance in Kenya is that the elderly can be insured for their health care needs. As most Kenyans live in rural areas, it is not always easy to find a doctor that one can trust. For this reason, it is extremely important for individuals to carry life insurance. Many insurance companies in Kenya encourage the practice of universal health care coverage as many of the country's medical problems stem from living in rural areas without medical attention. Yet another benefit of insu
Read more

What to Look For When Choosing an Insurance Company

Image
If you're looking for an insurance company, there are several things you should look for. Some of these factors include the company's financial stability, rating, attitude, and pricing. Read on for a few tips on what to look for when choosing a company. A good attitude will go a long way in helping you choose the best policy. Attitude: How friendly the company is and how understanding and patient they are with you should be factors when choosing an insurance company. Choosing the best insurance company Ratings Ratings of the best insurance companies in kenya are calculated using financial data. These ratings are published by five independent rating agencies. The agency assigns each insurer a letter grade based on its financial strength. Each of these agencies has its own standards, scale, and population of rated companies. It also uses numbers to indicate minor variations in a company's rating. Below are some of the factors considered in assigning a letter grade to a compa
Read more

Why You Need Life Insurance in Kenya?

  If you are thinking of moving to Kenya, one of the first questions that come to your mind is, "Do I need Life insurance in Kenya?" Most expatriates who have been to this part of the world, especially to Kenya, would easily answer "No." Kenya is a relatively stable country and crime rates are not that high compared to many countries. If you feel that your family would not be in any danger even if there are incidents of crime where you are staying in Kenya, then you don't really need insurance. But if you are thinking that your property and possessions are very valuable in this part of the world, then you should definitely get insurance. This way, in case of any unforeseen accident or death, your insurance company can assist you in paying for their damages. Different  insurance companies in Kenya  are available to serve your insurance needs. You can even get information about insurance companies in Kenya over the internet. You can search for insurance companies
Read more